Goelitz v. Lathrop’s Empirical Analysis
1936
Citation profile
10 state decisions
How this case has been cited
Cited by 10 later decisions — most recently October 1990
10 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on United States v. Ames · Ward v. Durham · Kretschmar v. Ruprecht · Neville v. . Pope · Cairo & St. Louis Railroad v. Holbrook
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 10 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““From a grammatical standpoint, with due regard for punctuation, the natural and reasonable interpretation would seem to be that the liability of an officer and director, such as Goelitz was, is just as absolute as is that of the seller of the securities. It will be observed that the clause commencing with ‘who shall have knowingly performed’ obviously relates to the words ‘each and every solicitor, agent or broker of or for such seller,’ which are inclosed in commas immediately preceding that clause. It surely was not intended that the ‘knowingly performed’ clause would modify or apply to the ‘seller of the securities.’ When the act was amended to include ‘officers and directors of the seller,’ in our opinion, they were not only placed in the same grammatical category ‘as the seller,’ but we think that it was contemplated that liability should attach to them in the event of the sale of stock in violation of the Blue Sky Law by reason of their presumed knowledge of such sale.””
1 later decision quote this exact passage · from the majoritye.g. Weidner v. Engelhart“'“(1) Every sale and contract of sale made in violation of any of the provisions of this Act shall be void at the election of the purchaser, and the seller of the securities so sold, the officers and directors of the seller, and each and every solicitor, agent or broker of or for such seller, who shall have knowingly performed any act or in any way furthered such sale, shall be jointly and severally liable, * * * ’ ” [Emphasis added.]”
1 later decision quote this exact passage · from the majoritye.g. Weidner v. Engelhart
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.